Pearce is in the TOP 20% in ACT when comparing median price capital growth over the last year. Pearce gave property investors a very good capital gain figure when compared to the rest of the state, with 12.95%.
While Pearce,2607 ranked number 21th in ACT for increase in median house value (annualised) increase, it is ranked 12th over the last 5 years.
Pearce, 2607’s gross rental yield is 3.44%
If you compare the increase in value of investment property in Pearce, 2607 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this ACT suburb was 16.69%.
The five-year average increase in median property values for Pearce,2607 has given property investors a potential capital gain of 47.95% across each of those five years.
A $392.5 per week rent on the median house gives suburb investors a gross yield of circa 3.78%, without taking into account capital value appreciation, which has been averaging out at 12.83%.